Insider Sale: COO of StoneX Group Inc Sells Nearly 20,000 Shares
On June 7, 2024, the Chief Operating Officer of StoneX Group Inc (NASDAQ:SNEX), Xuong Nguyen, sold 19,988 shares of the company at a price of $75.04 per share, according to SEC filings. Following this transaction, Nguyen now holds 60,816 shares of StoneX Group Inc.
StoneX Group Inc is a financial services network that facilitates connections between companies, organizations, traders, and investors in the global markets. The company offers digital platforms, clearing and execution services, high-touch service, and expertise.
In the past year, Nguyen has sold a total of 26,909 shares and has not made any purchases. This recent sale is part of a larger trend, with 28 insider sells and no insider buys observed over the last year at StoneX Group Inc.
As of the date of the transaction, StoneX Group Inc had a market cap of $2.29 billion, with a price-earnings ratio of 9.60, lower than the industry median of 18.275. The GF Value of the company is $73.03, resulting in a price-to-GF-Value ratio of 1.03, indicating that the stock is fairly valued.
Investors interested in insider behaviors and market valuations may find the recent insider selling activity and company valuation of StoneX Group Inc noteworthy for potential investment opportunities or risks.
This article is based on data provided by GuruFocus and is intended to offer general insights, not personalized financial advice. The analysis considers historical data and analyst projections, utilizing an unbiased methodology. It does not recommend buying or selling any stock and does not account for individual investment goals or financial situations. The focus is on delivering long-term, data-driven analysis.
Please note that the analysis may not include the most recent company announcements or qualitative information. GuruFocus does not hold any position in the mentioned stocks.